Frank Jemley, President and CEO of the Kentucky Association of Manufacturers (KAM), sent the following letter to members of the Kentucky House of Representatives regarding KAM’s position on Senate Bill 4: an act relating to the retirement of fossil fuel-fired electric generating units and declaring an emergency.
The Kentucky Association of Manufacturers opposes Senate Bill 4. We respectfully request that the House forego further consideration of the bill and instead join with the private sector, your Senate colleagues, and other key government leaders to build a long-term energy strategy for the Commonwealth.
SB 4, in our view, will not improve our state’s energy security, reliability, or resiliency. It is more likely to increase costs for manufacturers, other businesses, and Kentucky consumers, while Kentucky’s competitive advantage of relatively low-cost energy is already being challenged aggressively by substantial changes in energy markets and production.
Kentucky needs a long-term strategy to ensure Kentucky employers and consumers have affordable, secure, resilient energy supplies for the foreseeable future.
We welcome the opportunity to work with you to build that strategy.
Thank you for your consideration and your service to the Commonwealth.
President and CEO
Kentucky Association of Manufacturers